Summit downgrades Nvidia from Buy to Hold due to less favorable risk-reward

From Investing.com: 2025-02-26 21:16:41

Summit Research downgraded Nvidia from Buy to Hold due to a less favorable risk-reward. Nvidia’s stock has been on a strong uptrend, but Summit believes that the upside potential is limited compared to the downside risk. This comes after Nvidia reported strong quarterly earnings and revenue growth, but concerns about chip shortages and competition remain.



Read more at Investing.com: Nvidia: Summit downgrades to Hold on less favorable risk-reward